Quest Diagnostics 2012 Annual Report Download - page 38

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35
The table below sets forth the information with respect to purchases made by or on behalf of the Company of its
common stock during the fourth quarter of 2012.
ISSUER PURCHASES OF EQUITY SECURITIES
Period
Total Number of
Shares
Purchased
Average Price
Paid per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Approximate
Dollar Value of
Shares that May
Yet Be
Purchased
Under the Plans
or Programs
(in thousands)
October 1, 2012 – October 31, 2012
Share Repurchase Program (A) $ $ 915,061
Employee Transactions (B) 2,495 $ 62.74 N/A N/A
November 1, 2012 – November 30, 2012
Share Repurchase Program (A) 868,844 $ 57.55 868,844 $ 865,061
Employee Transactions (B) 357 $ 58.20 N/A N/A
December 1, 2012 – December 31, 2012
Share Repurchase Program (A) $ $ 865,061
Employee Transactions (B) 5,097 $ 59.22 N/A N/A
Total
Share Repurchase Program (A) 868,844 $ 57.55 868,844 $ 865,061
Employee Transactions (B) 7,949 $ 60.28 N/A N/A
(A) Since the share repurchase program's inception in May 2003, our Board of Directors has authorized $5.5 billion of share
repurchases of our common stock through December 31, 2012. The share repurchase authority has no set expiration or
termination date.
(B) Includes: (1) shares delivered or attested to in satisfaction of the exercise price and/or tax withholding obligations by
holders of stock options (granted under the Company's Amended and Restated Employee Long-Term Incentive Plan and its
Amended and Restated Director Long-Term Incentive Plan, collectively the “Stock Compensation Plans”) who exercised
options; (2) restricted common shares withheld (under the terms of grants under the Stock Compensation Plans) to offset
tax withholding obligations that occur upon vesting and release of the restricted common shares; and (3) shares withheld
(under the terms of grants under the Stock Compensation Plans) to offset tax withholding obligations that occur upon the
delivery of outstanding common shares underlying restricted stock units and performance share units.